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BTCPrediction
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20,496 Discussing
#BTCPrediction "Bitcoin is showing signs of consolidation today, with price action hovering around a key psychological level. On the 1-hour chart, BTC appears to be forming a tightening range, indicating potential for a breakout. If bulls maintain support above the immediate zone, we could see a push toward resistance levels near $106K. However, a break below the lower support trendline could trigger a short-term correction. Volume remains relatively steady, but traders should watch for a spike as a signal for the next directional move. Intraday bias remains cautiously bullish as long as BTC holds above the 50 EMA on lower timeframes. Ideal strategy today: buy dips near support with tight stop-loss, and scalp around resistance zones." DYOR
SHaHHBz
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